Australia’s exports rose 2.3% month on month in September, easing from a 3.7% increase in the prior month. The data points to slower momentum in outbound trade compared with the previous reading.
Month-On-Month Export Growth
On a month-to-month basis, the latest figure shows growth remained positive but cooled relative to earlier strength.
Moderation In Export Expansion
The shift from 3.7% to 2.3% indicates a moderation in the pace of export expansion through September.